Teaches basic economic literacy and introduces environmental and natural resource issues through the lens of economics. Analyzes incentives and decisions of individuals, firms, and governments and how they interact with the natural environment. Examples include a consumer deciding to purchase organic produce, a firm deciding to install pollution control technology, a government choosing to regulate a carcinogenic chemical, and group of nations deciding to regulate greenhouse gas emissions. Stresses command of economic reasoning and analytical tools as ways to understand why people and governments do what they do and how policies might better address the needs of society.
Markets Management Studies